flank Self Supporting Growth Rate Maggie's Muffins Bakery generated 54 million in sales during 2019, and its year and total assets were $2.4 million. Also, at year end 2019, current abilities were $million, consilieting of $300,000 of notes payable, $500,000 of accounts payable, and $200,000 of accruals. Looking ahead to 2030, the company estimates that its assets must increase at the same rate sales spontaneous abilities will increase at the same rate as sales, its profit margin will be 39, and its payout ratio will be 50%. How large a sales increase can the company achieve without having to raise funds externally that is, what is its self-supporting growth rate? Do not round Intermediate calculations. Enter your answer for sales increase in dollars. For example, an answer of 2 million should be entered as 2,000,000 Round the monetary value to the nearest dollar and percentage value to one decimal place Sales can increase by that is by My Week